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Investment Highlights

  • I-15 Freeway Visibility – Prime exposure for signage and branding
  • Flexible Ownership Options – Purchase individually or as a combined unit
  • Brand New Construction – Wood-frame build scheduled for completion by end of 2025

Executive Summary

Property Description Hutch Cove Business Park is a newly developed Class A office/flex industrial condominium project located in the heart of Draper, Utah. Situated just off I-15 with excellent freeway visibility, the development offers businesses and investors a rare opportunity to own commercial real estate in one of the Salt Lake Valley's most desirable industrial submarkets. The project consists of 11 individually owned commercial condominium units designed to accommodate a wide range of office, showroom, warehouse, and light industrial users. Units are delivered in gray shell condition, allowing owners the flexibility to customize the interior to their operational needs. Conveniently located near the Point of the Mountain with quick access to I-15, Bangerter Highway, and the greater Salt Lake metropolitan area, Hutch Cove Business Park provides outstanding accessibility for employees, customers, and deliveries. The development features modern construction, ample on-site parking, and light industrial zoning, making it well suited for owner-occupants, investors, contractors, professional service businesses, and flex industrial users seeking a long-term ownership opportunity.

2 Units Available

  • Unit
  • Unit Size
  • Condo Use
  • Price
  • NOI
  • Unit 6
  • 2,445 SF
  • Office
  • $1,787,461 CAD ($731.07 CAD/SF)
  • $125,122.25 CAD
Sale Type Investment
Cap Rate 7.00%
Sale Notes
Investment Sale | 1031 Exchange Opportunity | 2,445 SF Class A Office/Flex Condo in Draper, UT

Unit 6 | $1,275,000

Excellent opportunity to acquire a fully built-out Class A office/flex condominium in the newly developed Hutch Cove Business Park in Draper, Utah. Located directly behind the Utah Disaster Kleenup (UDK) Building visible on the east side of I-15.

Unlike the gray shell units currently available for sale within the project, Unit 6 is fully improved and is being offered as a stabilized investment with a long-term tenant already in place.

The property is 100% leased to Garney Companies, Inc., a nationally recognized construction and infrastructure contractor, providing investors with stable cash flow in one of Salt Lake County's strongest commercial markets.

Conveniently located just off I-15 with exceptional freeway visibility, this is an ideal opportunity for investors seeking a high-quality commercial asset with an established tenant.

Property Highlights:

- 2,445 SF Class A Office/Flex Industrial Condo
- Asking Price: $1,275,000
- 100% Leased to Garney Companies, Inc.
- Stable Lease up to Through 2031
- Fully Built-Out Interior
- Excellent Investment Opportunity
- Prime Freeway Visibility in Draper
- Convenient Access to I-15
- Ample On-Site Parking
- Light Industrial Zoning
- Ideal for Commercial Investors in Small Condo Units

Hutch Cove Business Park is one of Draper's premier commercial developments, offering high-quality ownership opportunities in one of the Wasatch Front's fastest-growing business corridors.

For additional information or to schedule a private tour, contact:

Derek Howe
Salt Canyon
(801) 800-6837
  • Unit 9
  • 2,600 SF
  • Office
  • $1,254,727 CAD ($482.59 CAD/SF)
  • -
Sale Type Investment or Owner User
No. Parking Spaces 7
Sale Conditions Building in Shell Condition
Description
2,600 SF Class A Office/Flex Industrial Condo For Sale | Draper, UT

Asking Price: $895,000

Excellent opportunity to acquire a 2,600 SF Class A office/flex industrial condominium within Hutch Cove Business Park, a newly developed commercial condominium project in Draper, Utah. Located just off I-15 and directly behind the Utah Disaster Kleenup (UDK) headquarters, the property offers outstanding freeway visibility, convenient regional access, and a premier location within one of the Wasatch Front's fastest-growing industrial corridors.

Delivered in gray shell condition, the unit provides maximum flexibility for owner-users or investors to customize the interior to meet their operational requirements. The space is well suited for office, showroom, warehouse, light manufacturing, contractor, and other flex industrial uses.

Property Highlights

* 2,600 SF Class A Office/Flex Industrial Condo
* Asking Price: $895,000
* Gray Shell Delivery
* Light Industrial Zoning
* Excellent Owner-Occupant or Investment Opportunity
* Prime Visibility Along I-15
* Convenient Access to I-15 and Bangerter Highway
* Ample On-Site Parking
* Flexible Office, Showroom, Warehouse, and Light Industrial Uses
* Individual Condo Ownership (Separate Tax Parcel)

Hutch Cove Business Park consists of 11 commercial condominium units, with only a limited number of units remaining for purchase. The project offers businesses the opportunity to own high-quality commercial real estate in a strategic Draper location with strong long-term growth potential.

For additional information or to schedule a property tour, please contact:

Matt
(801) 687-8000

Derek Howe
SaltCanyon
(801) 800-6837
derek@saltcanyon.com
Unit Unit Size Condo Use Price NOI
Unit 6 2,445 SF Office $1,787,461 CAD ($731.07 CAD/SF) $125,122.25 CAD
Unit 9 2,600 SF Office $1,254,727 CAD ($482.59 CAD/SF) -

Unit 6

Unit Size
2,445 SF
Condo Use
Office
Price
$1,787,461 CAD ($731.07 CAD/SF)
NOI
$125,122.25 CAD

Unit 9

Unit Size
2,600 SF
Condo Use
Office
Price
$1,254,727 CAD ($482.59 CAD/SF)
NOI
-

Unit 6

Unit Size 2,445 SF
Condo Use Office
Price $1,787,461 CAD ($731.07 CAD/SF)
NOI $125,122.25 CAD
Sale Type Investment
Cap Rate 7.00%
Sale Notes
Investment Sale | 1031 Exchange Opportunity | 2,445 SF Class A Office/Flex Condo in Draper, UT<br> <br> Unit 6 | $1,275,000<br> <br> Excellent opportunity to acquire a fully built-out Class A office/flex condominium in the newly developed Hutch Cove Business Park in Draper, Utah. Located directly behind the Utah Disaster Kleenup (UDK) Building visible on the east side of I-15.<br> <br> Unlike the gray shell units currently available for sale within the project, Unit 6 is fully improved and is being offered as a stabilized investment with a long-term tenant already in place.<br> <br> The property is 100% leased to Garney Companies, Inc., a nationally recognized construction and infrastructure contractor, providing investors with stable cash flow in one of Salt Lake County&#39;s strongest commercial markets.<br> <br> Conveniently located just off I-15 with exceptional freeway visibility, this is an ideal opportunity for investors seeking a high-quality commercial asset with an established tenant.<br> <br> Property Highlights:<br> <br> - 2,445 SF Class A Office/Flex Industrial Condo<br> - Asking Price: $1,275,000<br> - 100% Leased to Garney Companies, Inc.<br> - Stable Lease up to Through 2031<br> - Fully Built-Out Interior<br> - Excellent Investment Opportunity<br> - Prime Freeway Visibility in Draper<br> - Convenient Access to I-15<br> - Ample On-Site Parking<br> - Light Industrial Zoning<br> - Ideal for Commercial Investors in Small Condo Units<br> <br> Hutch Cove Business Park is one of Draper&#39;s premier commercial developments, offering high-quality ownership opportunities in one of the Wasatch Front&#39;s fastest-growing business corridors.<br> <br> For additional information or to schedule a private tour, contact:<br> <br> Derek Howe<br> Salt Canyon<br> (801) 800-6837</li></ul>

Unit 9

Unit Size 2,600 SF
Condo Use Office
Price $1,254,727 CAD ($482.59 CAD/SF)
NOI -
Sale Type Investment or Owner User
No. Parking Spaces 7
Sale Conditions Building in Shell Condition
Description
2,600 SF Class A Office/Flex Industrial Condo For Sale | Draper, UT<br> <br> Asking Price: $895,000<br> <br> Excellent opportunity to acquire a 2,600 SF Class A office/flex industrial condominium within Hutch Cove Business Park, a newly developed commercial condominium project in Draper, Utah. Located just off I-15 and directly behind the Utah Disaster Kleenup (UDK) headquarters, the property offers outstanding freeway visibility, convenient regional access, and a premier location within one of the Wasatch Front&#39;s fastest-growing industrial corridors.<br> <br> Delivered in gray shell condition, the unit provides maximum flexibility for owner-users or investors to customize the interior to meet their operational requirements. The space is well suited for office, showroom, warehouse, light manufacturing, contractor, and other flex industrial uses.<br> <br> Property Highlights<br> <br> * 2,600 SF Class A Office/Flex Industrial Condo<br> * Asking Price: $895,000<br> * Gray Shell Delivery<br> * Light Industrial Zoning<br> * Excellent Owner-Occupant or Investment Opportunity<br> * Prime Visibility Along I-15<br> * Convenient Access to I-15 and Bangerter Highway<br> * Ample On-Site Parking<br> * Flexible Office, Showroom, Warehouse, and Light Industrial Uses<br> * Individual Condo Ownership (Separate Tax Parcel)<br> <br> Hutch Cove Business Park consists of 11 commercial condominium units, with only a limited number of units remaining for purchase. The project offers businesses the opportunity to own high-quality commercial real estate in a strategic Draper location with strong long-term growth potential.<br> <br> For additional information or to schedule a property tour, please contact:<br> <br> Matt<br> (801) 687-8000<br> <br> Derek Howe<br> SaltCanyon<br> (801) 800-6837<br> derek@saltcanyon.com</li></ul>

Property Facts

The following property facts apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
Total Building Size 29,958 SF
Property Type
Office
  • Flex Light Manufacturing
  • General Retail Storefront Retail/Office
  • Industrial Warehouse
Building Class A
Floors 2
Typical Floor Size 29,958 SF
Year Built 2026
Lot Size 2.93 AC
Parking Ratio 4/1,000 SF
Zoning Industrial - Industrial Commercial Zoning
Fairly walkable
40/100
Exceptionally drivable
100/100
Minimal public transit
10/100
Fairly bikeable
50/100
  • Listing ID: 36516824

  • Date on Market: 2025-06-27

  • Last Updated:

  • Address: 74 E 13065 S, Draper, UT 84020

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